Question: Question 8 2 pts Brian takes out a 30-year fixed mortgage and his monthly payment is $2,000. He wants to pay off the mortgage earlier,

Question 8 2 pts Brian takes out a 30-year fixed mortgage

Question 8 2 pts Brian takes out a 30-year fixed mortgage and his monthly payment is $2,000. He wants to pay off the mortgage earlier, so he decides to pay $2,500 per month to the bank. The extra $500 beyond required monthly payment should go towards: interest only O principal only O partly principal and partly interest

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